USD/CAD: Canada’s manufacturing sector activity slowed in October

Posted on November 2, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.18% against the CAD and closed at 1.2874. Data showed that Canada’s manufacturing PMI eased to a level of 54.3 in October as supply chains at firms were … Continue reading →

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USD/CHF: Switzerland’s manufacturing PMI surprisingly rose in October

Posted on November 2, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.55% against the CHF and closed at 1.0028. On the data front, Switzerland’s SVME PMI unexpectedly rose to 62.0 for October, compared to a level of 61.7 in … Continue reading →

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USD/JPY: Japan’s consumer confidence climbed in October

Posted on November 2, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.45% against the JPY and closed at 114.15. Overnight data revealed that Japan’s monetary base rose 14.5% on an annual basis in October, from a gain of 15.6% … Continue reading →

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GBP/USD: Pound trading higher ahead of BoE’s monetary policy meeting

Posted on November 2, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.29% against the USD and closed at 1.3249. Macroeconomic data showed that UK’s manufacturing PMI rose to 56.3 in October due to a surge in new orders, from … Continue reading →

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EUR/USD: Euro trading on a stronger footing this morning

Posted on November 2, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.26% against the USD and closed at 1.1619. The US Federal Reserve (Fed), at its recent policy meeting, decided to keep its benchmark interest rate target between 1.00% … Continue reading →

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Trading Signals as per 01-November-2017

Posted on November 1, 2017 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.1598 1.1658 GBP/USD SELL Active 1.3352 1.3262 AUD/USD BUY Active 0.7648 0.7698 USD/JPY BUY Active 113.58 114.18 NZD/USD BUY Active 0.6894 0.6946 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many … Continue reading →

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Crude Oil: Oil trading higher in the morning session ahead of EIA’s weekly crude inventory data

Posted on November 1, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, the Crude Oil rose 0.89% against the USD and closed at USD54.56 per barrel, after the American Petroleum Institute reported that US crude oil stockpiles declined 5.1 million barrels to … Continue reading →

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Silver: White metal trading on a stronger footing in the morning session

Posted on November 1, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, the Silver declined 0.86% against the USD and closed at USD16.70 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.73, with … Continue reading →

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Gold: Yellow metal trading lower this morning

Posted on November 1, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, the Gold declined 0.41% against the USD and closed at USD1271.80 per ounce, as the US Dollar strengthened against its major peers following the release of upbeat economic releases in the … Continue reading →

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AUD/USD: Australia’s manufacturing sector growth slowed in October

Posted on November 1, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.46% against the USD and closed at 0.7654. LME Copper prices declined 0.3% or $21.0/MT to $6802.0/MT. Aluminium prices fell 0.1% or $3.0/MT to $2140.0/MT. Overnight data revealed … Continue reading →

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USD/CAD: Canadian economy showed an unexpected contraction in August

Posted on November 1, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.51% against the CAD and closed at 1.2897, after macroeconomic data showed that Canada’s economy unexpectedly contracted in August, supporting the Bank of Canada’s (BoC) view to take … Continue reading →

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